Ellie Mae (ELLI) Tops Q2 EPS by 12c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Ellie Mae Reports Second Quarter 2018 Results
July 26, 2018 4:05 PM EDTPLEASANTON, Calif.--(BUSINESS WIRE)-- Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, today reported results1 for the second quarter ended June 30, 2018.
Second Quarter 2018 Highlights
Revenues of $125.0 million, up 20% from $104.1 million in 2017. Net income of $9.5 million, down from $18.8 million in 2017. Adjusted EBITDA of $34.0 million, down from $35.8 million in 2017. 721,000 loans closed on Encompass.2I am pleased to report another solid quarter in which our financial results exceeded our expectations. The number of closed loans... More
